The Mood Among VCs? Not So Good
from the losing-money-quickly dept
It seems that the easiest way to get rich over the last few years (be a VC) isn’t so hot any more. Some VCs are predicting that many smaller, newer firms are going to find themselves out of business shortly. While most of the investors quoted in the article seem somewhat optimistic, they all seem to feel that the “other” firms are going to be in trouble at some point. The only one who sounds completely optimistic is Tim Draper, but he comes across as if he’s really trying to convince himself.